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Walter C. Meloon founded the Florida Variety Boat Company in 1925 in Pine Castle, Florida.
In 1930, the company changed its name to Pine Castle Boat and Construction Company.
By 1936, the primary focus of the company was the construction of powerboats.
In 1942 the company opened a second plant in Titusville, Florida to manufacture boats through government contracts for the war effort.
In 1945, American troops had reached the Rhine River but lacked the transport boats needed to cross it.
The company was incorporated in 1947.
The company received a government contract for 3000 boats in 1957.
A creditor advised that Correct Craft seek protection under Chapter 11 of the Bankruptcy Act which would allow the company to continue operations, which it accepted in August 1958.
Correct Craft released its first Ski Nautique boat, the first fiberglass ski boat, designed by Leo Bentz, in 1961.
Correct Craft was released from Chapter 11 at the start of the year in 1965.
In 1986, SeaWorld signed a contract with Correct Craft to supply Ski Nautique boats for ski shows at their marine parks.
In 1995, Suzuki obtained domestic rights as the only distributor of Correct Craft boats in Japan in exchange for Suzuki carrying only Correct Craft boats.
The Total Surface Control (TSC) hull design was released for the Ski Nautique in 1997.
Nautique unveils the Ski Nautique 2001 and receives rave reviews.
Since 2003, CorrectCraftFan.com has been the foremost Correct Craft reference site, and simply provides the best used Correct Craft buying and selling experience anywhere.
In 2005, construction began for Nautique’s new 217,000 square-foot manufacturing plant located on the outskirts of Central Florida.
The Meloon family sold its stock in the company in 2008, and Ambassador Enterprises obtained full ownership of the company.
In 2010, following the Great Recession, Correct Craft began execution of a new growth strategy that resulted in the acquisition of the following brands:
Under its subsidiary brand, Aktion Parks, Correct Craft acquired the Orlando Watersports Complex (OWC), the world's premier cable wake park, in August 2012.
In September 2013, Correct Craft announced that Aktion Parks was building the Miami Watersports Complex, a 90-acre water sports park.
Aktion Parks second park, Miami Watersports Complex (MWC) broke ground on July 1, 2014.
In October 2014, Correct Craft acquired PCM Marine Engines, Crusader Engines Inc., and Levitator Performance Airboat Engines which operate together as Pleasurecraft Engine Group.
In late March of 2015, the grand opening of MWC was held in conjunction with the first stop of the Monster Energy WWA Wake Park Triple Crown, a three-stop cable wakeboard series where riders competed for individual titles as well as the Wake Park Triple Crown overall series championship.
Correct Craft acquired Bass Cat Boats as well as Yar-Craft, a walleye boat line owned by Bass Cat, in March 2015.
Correct Craft acquired SeaArk Boats, an aluminum finishing boat company based in Monticello, Arkansas, in May 2016.
Correct Craft announced the acquisition of Bryant Boats, based in Sweetwater, Tennessee, in January 2017.
The Bass Nautique 2018 is introduced.
Nautique astonishes the three-event waterski world with the introduction of the all-new 2019 Ski Nautique.
Building upon the dynasty that Nautique created almost a decade ago when the G23 was first introduced, Nautique reinvents 2021 G-Series.
© 2022 Nautique Boat Company, Inc.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Malibu Boats | 1982 | $829.0M | 586 | 46 |
| Boston Whaler | 1958 | $300.0M | 281 | - |
| Mack Trucks | 1900 | $1.5B | 2,000 | 2 |
| PACCAR | 1905 | $31.6B | 27,000 | 71 |
| Austal | 1999 | $1.2B | 4,000 | 59 |
| Landscape Structures | 1971 | $750.0M | 200 | 63 |
| Vendors Exchange | 1959 | $20.0M | 103 | - |
| Smoker Craft Boats | 1903 | $250.0M | 525 | 7 |
| Structural Concepts | 1972 | $34.0M | 293 | - |
| Acpi | 1948 | $1.2M | 15 | - |
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Correct Craft may also be known as or be related to Correct Craft, Correct Craft Holding Company, LLC, Correct Craft, Inc. and Florida Variety Boat Company, Pine Castle Boat and Construction Company.